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Those two exchanges will be offering decentralized and centralized monetary choices.

Each Bitrue and OKEx one after the other introduced plans to supply hybrid products and services. Services and products that cater to the DeFi marketplace and extra most often centralized monetary merchandise.

OKEx CEO Jay Hao tweeted on 30 August that the trade introduced a hybrid lending aggregator.

Right here we cross – # DeFi Lending Market on @ OKEx .

It'll be the primary hybrid lending aggregator of # DeFi & # CeFi within the business, with @ compoundfinance integration at the approach.

We're right here to redefine # crypto lending enjoy: https://t.co/xQiqoHhICs pic.twitter.com/QTfVjGoIws

– Jay Hao @OKEx (@ JayHao8) August 29, 2020

OKEx DeFi Lending Marketplace collects main DeFi lending merchandise and permits customers to test and examine all charges of DeFi and CeFi lending.

Trade may even pop out with One-Prevent DeFi Buying and selling Store. Which guarantees a one-stop DeFi enjoy and gets rid of the wish to switch finances between wallets.

Bitrue, then again, plans to release its personal hybrid carrier within the first quarter . Its DeFi providing will likely be supported through a brand new token referred to as the Bitrue Finance Token or BFT. Bitrue mentioned it might get started through permitting lenders so as to add cash to the liquidity pool with lenders receiving passion.

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